IBM (IBM) Stock Plunges Toward Worst Single-Day Decline In Company History After Shocking Earnings Miss
IBM shares tumbled 24% in premarket trading after the tech giant unexpectedly released preliminary second-quarter earnings a full week ahead of schedule. If the losses hold, it would mark the steepest one-day decline for IBM (IBM) since Black Monday in 1987, when the stock fell 23.7% during the worst day in U.S. stock market history….
SpaceX (SPCX) Pulls Back To IPO Price, Creating A Potential Entry Point For Patient Investors
SpaceX (NASDAQ: SPCX) has erased its post-IPO gains almost entirely, with shares sliding back toward the $135 offering price from a peak of $225.64. The stock priced at $135 on June 12, 2026, surged to an intraday high before reversing sharply, and now trades near $139.14 after a 4.24% single-day decline. SPCX has fallen 13.55%…
Quantum Computing ETFs WQTM And QTUM Offer Bulls A Path Through Market Volatility
Quantum computing stocks have faced significant pressure, pushing investors toward diversified ETF options that can spread risk across the sector. WisdomTree’s WQTM and Defiance’s QTUM have emerged as two notable vehicles for investors seeking exposure to the quantum computing space. The two funds cater to different investor profiles, with one better suited for short-term traders…
L3Harris Technologies (LHX) Positions To Gain From U.S. Defense Acquisition Overhaul
L3Harris Technologies (LHX) is actively aligning its business strategy to capitalize on sweeping changes in how the U.S. military procures defense systems and technologies. The company’s so-called Trusted Disruptor strategy is central to its effort to meet evolving defense customer demands for speed, agility and measurable mission outcomes. L3Harris is directing investment toward advanced mission…
Social Security Benefits Projected To Rise By Up To $98 A Month In 2027
Early projections suggest Social Security recipients could see a meaningful boost to their monthly benefits when the 2027 cost-of-living adjustment takes effect. The official COLA announcement comes each October, but analysts and advocacy groups have already begun publishing estimates based on current inflation trends. The Social Security Administration calculates the annual adjustment using third-quarter changes…
JPMorgan (JPM) Shatters Profit Records As Equity Markets Revenue And Consumer Strength Drive Historic Quarter
JPMorgan Chase (JPM) reported second-quarter net income of $21.2 billion, or $7.70 per share, the highest quarterly profit in the bank’s history. The blowout results were fueled by a surge in stock-trading revenue and a $4.6 billion gain on the bank’s Visa (V) stake. Excluding those one-time gains and $1.0 billion in gains on certain…
June CPI Drops Most Since 2020 As Energy Prices Plunge, Cooling Annual Inflation To 3.5%
Consumer prices posted their sharpest monthly decline in more than six years during June, offering Americans a brief reprieve from the year’s persistent inflation pressures. The consumer price index fell a seasonally adjusted 0.4% for the month, pulling the annual inflation rate down to 3.5%, according to the Bureau of Labor Statistics. Economists surveyed by…
D-Wave Quantum (QBTS) Moves Stock Listing From NYSE To Nasdaq Starting July 27
D-Wave Quantum Inc. (NYSE: QBTS) announced it will voluntarily transfer its common stock listing from the New York Stock Exchange to Nasdaq, effective after market close on July 24, 2026. The company confirmed its ticker symbol will remain “QBTS” when trading on Nasdaq begins on July 27, 2026, ensuring continuity for existing shareholders. D-Wave described…
IonQ (IONQ) Extends Losing Streak To Nine Straight Days As Quantum Stocks Face Broad Selloff
IonQ Inc. (NASDAQ: IONQ) has now recorded nine consecutive days of losses, closing Monday down 9.29 percent at $38.88 per share as investor sentiment soured across growth-oriented sectors. The prolonged decline has erased roughly 27.8 percent of IonQ’s market value over the nine-day stretch, marking a severe and sustained pullback for the quantum computing firm….
Oil Prices (USO) Post Largest Two-Day Rally In Four Months As U.S.-Iran Conflict Reignites
Crude oil prices surged dramatically this week, posting their biggest two-day percentage gain in four months amid a sharp escalation in U.S.-Iran hostilities. U.S. benchmark crude jumped 5.8% to $74.55 a barrel during the session, hitting an intraday high of $76 per barrel after President Trump declared the Iran ceasefire “over.” U.S. crude ultimately closed…
